Monitor next quarter for sustained margin expansion and loan growth trends, as the bank's conservative credit culture and improving efficiency ratio suggest strong fundamentals. The beat despite declining deposits indicates effective asset-liability management.
Price Chart
Executive Summary
West Bancorporation reported Q1 2026 earnings of $0.61 diluted EPS, beating consensus by 5.2% and marking a 34.8% year-over-year increase. Net interest margin expanded to 2.59% from 2.47% in Q4 2025, driven by a 14 basis point decline in deposit costs. The bank maintained its pristine credit quality with no nonaccrual loans and a 1.38% classified/watch list loan ratio.
Key Financial Metrics
Key Facts
- Q1 2026 EPS of $0.61 beat consensus of $0.58 by 5.2%
- Net income of $10.6 million up 34.8% year-over-year
- Net interest margin expanded to 2.59% from 2.47% in Q4 2025
- Efficiency ratio improved to 49.85% from 50.21% in Q4 2025
- No nonaccrual loans and no loans over 30 days past due
- Tangible common equity ratio increased to 6.75% from 6.42%
Financial Impact
EPS beat consensus by 5.2% and increased 34.8% YoY
Risk Factors
- Deposits decreased $133.5 million (3.8%) quarter-over-quarter
- Loans decreased $10.1 million (0.3%) due to loan payoffs
- Brokered deposits decreased $38.1 million
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001166928-26-000024 |
| Document: wtba-20260423exhibit992.htm | 0001166928-26-000024 |
| Document: wtba-20260423.htm | 0001166928-26-000024 |
| Document: 0001166928-26-000024-index-headers.html | 0001166928-26-000024 |
| Document: 0001166928-26-000024-index.html | 0001166928-26-000024 |
| Document: 0001166928-26-000024.txt | 0001166928-26-000024 |
| 8-K Data (Synthetic) | 0001166928-26-000024 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 18, 2026 5w ago | Press Release | $29.27 | awaiting T+60 | — | $30.44 (+4.00%) |
Jul 23, 2026 13w ago | 8-K | $27.19 $28.94 | ▲ +6.44% | ▲ +1.88% | $30.44 (+11.95%) |
Jun 19, 2026 18w ago | Press Release | $25.11 | awaiting T+60 | — | $30.44 (+21.23%) |
Apr 23, 2026 26w ago | Press Release | $24.22 $26.96 | ▲ +11.29% | ▲ +6.27% | $30.44 (+25.66%) |
Apr 23, 2026 26w ago | 8-K | $24.22 $26.96 | ▲ +11.29% | ▲ +6.27% | $30.44 (+25.66%) |
Mar 20, 2026 31w ago | Press Release | $22.51 $25.27 | ▲ +12.25% | ▼ −2.17% | $30.44 (+35.21%) |
Mar 12, 2026 32w ago | EFFECT | $23.10 $24.09 | ▲ +4.30% | ▼ −6.40% | $30.44 (+31.79%) |
Mar 3, 2026 33w ago | DEFA14A | $24.34 $23.92 | ▼ −1.74% | ▼ −12.06% | $30.44 (+25.04%) |
Feb 27, 2026 34w ago | S-3 | $24.10 $23.99 | ▼ −0.44% | ▼ −9.83% | $30.44 (+26.33%) |
US Market Status
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